31) Most individuals have little opportunity to invest in venture capital funds because this investment segment of the capital markets is restricted to accredited investors. True or False?

32) Entrepreneurs must be very cautious about using the resources of another company to build the ideas and intellectual property of their future venture. If a venture capitalist does not trust that the founder owns the intellectual property behind the venture, they will be unlikely to invest in the venture. True or False?

33) Investors who bought the series D convertible preferred stock issued by Zoom in 2016 and then sold the shares in the IPO earned an annual rate of return of between 105% and 110%. (assume the purchase was on January 1^st, 2016 and the sale was on December 31^st, 2019).

	time	$$cashflow
2016	0	-3.74
2017	1	0
2018	2	0
2019	3	34.2

True or False?